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| 正面铭文 | L`Ajuntament d`OLIANA pagarà al portador la quantitat de 50 cèntims segons acord del 10 d`agost del 1937 Oliana, el 20 d`agost del 1937. Venciment el 31 de Juliol del 1938. (Translation: The City Council of Oliana will pay the bearer the amount of 50 Centimos according to agreement of August 10, 1937 Oliana, August 20, 1937. Expiration on July 31, 1938.) |
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| 背面铭文 | Ajuntament d`Oliana 50 cèntims (Translation: City Council of Oliana 50 Centimos) |
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Oliana is a small town in the Alt Urgell comarca of Lleida province, and like hundreds of Catalan municipalities during the Civil War, it resorted to issuing its own fractional paper currency after the Republican government's coin supply collapsed in 1936–37. The Generalitat de Catalunya formally authorized local emergency issues, which is why so many of these township notes — collectively documented in the Turró catalogue — share the same Barcelona printer. El Secretariat Català produced a significant volume of these municipal issues, often working from simple typeset layouts rather than engraved plates.
Oliana's population at the time numbered only in the hundreds. Notes of this denomination circulated hyperlocally, largely among market traders and small commerce, and most were redeemed or simply discarded once the Nationalist advance made them worthless in 1938.